*TRUMP/USDT timeframe 1H
1. Trend overview
Current trend: Slightly bullish, currently accumulating
The price has recovered from the range of 13.74 to 14.55 but has not yet surpassed the peak of 15.22.
The MAs (7), MA (25), MA (99) are pointing upwards and creating good support.
2. Technical indicator analysis
RSI (6): 57.80
RSI is in the neutral zone, trending upwards → potential for further increases.
Signal: Support for long orders, but not too strong yet.
MACD
MACD: -0.02 → histogram near 0, DIF is crossing above DEA
Signal: Weak bullish signal, further confirmation needed.
Stochastic (K: 69.62, D: 59.47, J: 89.91)
J is high, but K & D still have room to increase.
Signal: There is still potential for slight increases, but a warning of possible corrections.
3. Support and resistance zones
Nearby resistance: 14.81 – the previous candle zone is encountering resistance
Strong resistance: 15.22 – the nearest peak
Nearby support: 14.28 – MA(25) zone
Strong support: 13.74 – the nearest recent low
4. Suggested trades
Spot trading:
Entry: 14.45 – 14.55
TP1: 14.81
TP2: 15.22
SL: 14.25 (below MA25)
> This position is suitable if BTC does not dump strongly, and the market remains stable.
Long order:
Entry: 14.45 – 14.55
TP1: 14.81
TP2: 15.22
SL: 14.20
Leverage: x3 – x5 (medium risk)
> MACD and RSI are showing signals of starting to rise again, but confirmation above 14.81 is needed to expand the target.
-Short order (if support is broken)
Entry: Below 14.20 (when the candle closes clearly below MA25)
TP1: 13.75
TP2: 13.40
SL: 14.60
> Only enter if there are signs of overall market weakness or a clear break of MA.
5. Conclusion
Currently, it is advisable to prioritize long trades or light spot buying as the technical trend is leaning towards an increase.
If it breaks through 14.81 with strong volume, the target may be extended to 15.5 – 16.0 (the next Fibonacci level).
Be cautious if BTC reverses strongly, as altcoins like TRUMP may react quickly and drop sharply.